Greece

Germany hints at preparations of a Plan B on Greece

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RIGA - German Finance Minister Wolfgang Schaeuble hinted on Saturday that Berlin was preparing for a possible Greek default, drawing a parallel with the secrecy of German reunification plans in 1989.

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Greece, lenders must reach deal by early May, Deputy PM tells paper 2:05am BST

ATHENS - Greece and its lenders must reach a reform deal by early May to address Greece's need for cash, Deputy Prime Minister Yannis Dragasakis said in an interview with a Greek newspaper published on Saturday.

Greece, lenders must reach deal by early May, Deputy PM tells paper 25 Apr 2015

ATHENS - Greece and its lenders must reach a reform deal by early May to address Greece's need for cash, Deputy Prime Minister Yannis Dragasakis said in an interview with a Greek newspaper published on Saturday.

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Greece's governors agree to lend cash to central government 25 Apr 2015

ATHENS - Greece's governors and other local officials agreed on Saturday to lend cash to the near-bankrupt central government after Prime Minister Alexis Tsipras assured them the measure would last for only a short period of time.

UBS chairman says Greek default increasingly seen by IMF as controllable 25 Apr 2015

ZURICH - UBS's chairman said a default by Greece is seen by the International Monetary Fund as "systemically controllable" and he believed it would have a negligible impact on the Swiss bank itself, according to a newspaper interview published on Saturday.

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Greece not playing a game of chicken on debt - Kotzias 25 Apr 2015

NEW YORK - Greek Foreign Minister Nikos Kotzias said on Friday he respects Germany just not German politics, nor the way Berlin views Greece's economy, which faces the prospect of running out of money if it cannot agree to new bailout terms with creditors.

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Euro zone warns Greece no cash till full reform deal 24 Apr 2015

RIGA - Euro zone finance ministers warned Greece on Friday that its leftist government will get no more aid until it agrees a complete economic reform plan, as Athens lurches closer to bankruptcy. | Video

Greek parliament approves law forcing local govts to lend to state 24 Apr 2015

ATHENS - Greece's parliament on Friday approved a decree forcing state entities to lend cash to the near-bankrupt state, defying protests by municipalities and labour unions.

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Migrant influx strains Greece as economy suffers 24 Apr 2015

ATHENS - Shortly after taking power in January, Greece’s new government opened the gates of one of the main detention centres where thousands of undocumented migrants had been held against their will after arriving on the country’s Mediterranean shores.

EU conservative leader says talk about 'grexit' has intensified 24 Apr 2015

VIENNA - Discussions about a Greek exit from the euro zone - or "grexit" - have intensified, Manfred Weber, leader of the centre-right European People's Party (EPP), the biggest bloc in the European parliament, said in an interview published on Friday.

In depth

Greek Prime Minister Alexis Tsipras gestures before his speech during a parliament session in Athens March 30, 2015. REUTERS/Alkis Konstantinidis

Divisions push Tsipras into tightrope act

ATHENS - Few issues sum up the confusion of leftist Greek Prime Minister Alexis Tsipras's first two months in office better than the bewildering saga of the country's biggest port, Piraeus, a bastion of militant trade unionists.  Full Article 

A European Union flag (L) flutters next to a Greek flag on the facade of the Bank of Greece headquarters in Athens April 14, 2015. REUTERS/Alkis Konstantinidis

Greece may have blown best hope of deal

BRUSSELS - Even if it survives the next three months on the brink of bankruptcy, Greece may have blown its best chance of a long-term debt deal by alienating its euro zone partners when it most needed their support.  Full Article 

Greek Finance Minister Yanis Varoufakis and German Finance Minister Wolfgang Schaeuble (L) address a news conference following talks at the finance ministry in Berlin February 5, 2015. REUTERS/Fabrizio Bensch

Ten days that shook the euro

BRUSSELS - The 'rock star' took on the rock. And the rock won. Germany's Wolfgang Schaeuble stopped Greece's new finance minister Yanis Varoufakis in his tracks, forcing Athens to extend a bailout programme on terms its government was elected to get out of.  Full Article